FULL TEXT: Draft conclusions of December EU summit


EXCLUSIVE / EURACTIV France has obtained a copy of the draft conclusions of the EU summit in Brussels on 13-14 December. Plans to complete the legal framework for a European banking union are partly delayed until 2013. And the debate over deepening economic and political integration in the eurozone – including changing the EU treaties – will not take place until after the 2014 European elections.


At a summit in October, EU leaders have agreed to complete the European banking union by 2014, and to hammer out the legal framework by the end of 2012.

>> Read: EU summit deal aims for full 'banking union' in 2014

At their December meeting, EU leaders are now expected to agree on a "specific and time-bound roadmap" for deepening the euro zone's economic and monetary integration.

Their discussions will be based

on a report by Herman Van Rompuy, European Council President.

>> Read: Van Rompuy fleshes out plans for two-tier Europe, eurozone budget

EU Commission President José Manuel Barroso put forward his own blueprint the week before.

>> Read: Barroso lays out 'ambitious vision' for the eurozone

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